Yahoo announced plans to cut 2000，14% of the total number of employees

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[Abstract] Yahoo announced the layoff of 2,000 people today, accounting for 14% of the total number of employees. Yahoo said in a statement, layoffs cost of about 1.25-1.45 billion. Yahoo employs approximately 14,000 people in the world, excluding contract workers.

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April 4 news, Yahoo today announced the layoff of 2,000 people, accounting for 14% of the total number of employees. Yahoo said in a statement, layoffs cost of about 1.25-1.45 billion. Yahoo employs approximately 14,000 people in the world, excluding contract workers.

Yahoo decided to lay off 2,000 people in the world, after the completion of the job cuts, cost savings of $ 375 million a year. Predictable cost of 1.25-1.45 billion U.S. dollars, most of the included in the second quarter. April 17, Yahoo will be released in a quarter, to provide more details.

Yahoo CEO Thompson in the statement of layoffs, said: "layoffs is to create smart, agile, specializes in innovative Yahoo! today important step to meet the needs of users and industry and we will gather on their core business development, re-allocation of resources on the important business. Yahoo's goal is to return to the enterprise's core purpose, a good user and advertising first, we are taking action to achieve the target to achieve this goal, you need to make tough choices to make layoff decisions. We attach importance to the staff attached to them for company's contribution. "

Yahoo is hoping to improve response time to meet customer needs through the restructuring of Yahoo has identified the core business, which includes the selection of core business, core business, supported platforms, data, Yahoo will devote more resources to these areas to enhance shareholder value.

The statement said: "the pursuit of profit and business growth, we will determine the investment policy to simplify the development, publishing, product maintenance and service processes.